In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
It looks as if Musk might have hit upon a trillion-dollar idea here but it is several years away. Until then, Sirius XM is a pretty good low-priced value investment. Only time will tell if its business model can be rolled out worldwide by SpaceX through Starlink.
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We might be seeing Netflix’s (NASDAQ: NFLX) future at Pandora. Like Pandora, Netflix has built up a vast digital distribution platform which it uses to distribute entertainment content it has to pay for.
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Digital entertainment is fast becoming a black hole into which money is dumped never to be seen again. The most
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